Friday, August 31, 2018

Now Offers Trading of 4 Cryptos on Yahoo Finance's iOS App

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Yahoo Finance, one of the world's largest news sites for real-time stock quotes and market info, has added a feature permitting cryptocurrency trading on its platform.

According to a blog post on Thursday, the company currently supports trading of 4 kinds of assets – bitcoin, ethereum, litecoin, and dogecoin – on its iOS mobile app.

The announcement came amid numerous tweets online yesterday indicating the service seemed to be also available on the desktop version of Yahoo Finance – although, the feature isn't visible on desktop browsers at the moment. Yahoo Finance said within the announcement it pans to increase the service to android, desktop and mobile internet platforms in the future.

For the new feature, Yahoo partnered with TradeIt, a platform that integrates with brokerage services to act as a hub for trading financial assets. TradeIt notably integrated with the U.S. crypto exchange Coinbase last year, according to a statement at the time, though it is not yet clear which brokerage Yahoo is connected with for the new offering.

The financial news service 1st started its partnership with TradeIt in September 2017, letting users carry out in-app trading of traditional financial assets. The exposure to cryptos at the time was limited to data on prices and portfolio performance.

The site 1st started tracking bitcoin's worth in 2014, as CoinDesk reported. Last year, the company expanded its value tracking service to cover over 100 cryptocurrencies across all its platforms globally.


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